Commodity Prices

Gold •359 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,351.90	-63.10	-4.46%
WTI Crude •3 hours	65.52	+0.28	+0.43%
Gasoline •3 hours	2.090	-0.009	-0.44%
Ethanol •359 days	2.161	+0.000	+0.00%
Silver •359 days	30.82	+1.16	+3.92%

Silver • 359 days	30.82	+1.16	+3.92%
Copper • 359 days	4.530	+0.111	+2.51%
Brent Crude • 2 hours	67.77	+0.04	+0.06%
Natural Gas • 3 hours	3.739	+0.213	+6.04%
Heating Oil • 3 hours	2.307	-0.053	-2.24%

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EUR/USD: Recent Fall From 1.3400 Seen as Corrective

By - Aug 15, 2013, 6:04 AM CDT

EUR/USD is deemed to be in the midst of a corrective phase off the recent 1.3400 high. A sustained break back under 1.3190 (02/08/2013 low) is required to dampen our expectations of an eventual return to the August high and then onto 1.3417 (19/06/2013 high).

If a retest, or break over, 1.3417 can be achieved, the region between this key high and the annual high is expected to see a fair degree of resistance and is likely to offer a reasonable short entry opportunity.

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